Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    72nd West & Ave, Unit I-6 Lancaster, CA 93536

    Sponsored
    For Sale
    Contact for pricing

    D - Lancaster, CA

    Lot size:
    2.50 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 4 at 10:06 pm

    Property Features for 72nd West & Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    A 2, R L 2
    APN
    3203-003-051
    Lot size
    2.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jim Patton

    jpBroker.com (800) 270-8770

    Listing agent Jim Patton (661) 943-8090 License #00776290

    Listing date Feb 25, 2026

    MLS# 26001651 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lancaster Land Parcel For Sale

    This 2.5-acre parcel is a potential home site located at 72nd West and Ave I-6 in Lancaster, California. The property is contiguous to an existing home. Electricity and telephone lines are located on 70th St West, closer to the property's east border, as the adjacent home has already run the lines approximately 350 feet west from 70th West. The existing home at 44833 70th St West uses well water and a septic system. The parcel is located directly behind this home, making it easy to locate. It is situated only 7 minutes from Fwy 14 and central Lancaster. Given the presence of a neighboring house, this parcel could also serve as a land banking opportunity. The zoning is A 2, R L 2. The property is an all-cash purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.257114
    Latitude
    34.698029

    Nearby Similar for Sale

    • $860,000
      6,565 SF

      Lancaster Mixed-Use Building For Sale

      Large commercial building in revitalized area with high visibility.
      656 W Lancaster Blvd, Lancaster, CA 93534
      View Details
    • $479,900
      2,290 SF

      Versatile Mixed-Use Property in Lancaster

      Mixed-use property in Lancaster's commercial/industrial district, suitable for various uses.
      113 Pillsbury St, Lancaster, CA 93534
      View Details
    • $860,000
      6,565 SF

      Lancaster Commercial Building For Sale

      Commercial building on revitalized Lancaster Blvd, suitable for retail/office.
      656 W Lancaster Rd, Lancaster, CA 93534
      View Details
    • New
      $675,000
      3,411 SF

      Lancaster Industrial Flex Building For Sale

      Freestanding industrial flex building in Lancaster, CA, ideal for users.
      45240 Trevor Ave, Lancaster, CA 93534
      View Details
    • $409,900
      1,398 SF

      Lancaster Office Building For Sale

      Single-story office building near downtown Lancaster, CA, available for purchase.
      44504 W 10Th St, Lancaster, CA 93534
      View Details
    • New
      $40,000
      41,015 SF

      Established Lancaster Restaurant and Catering

      Well-established Mexican restaurant with catering services in Lancaster, California.
      919 Avenue J W, Lancaster, CA 93534
      View Details
    • $125,000
      1,032 SF

      Lancaster Restaurant Business Opportunity

      Profitable restaurant business with high traffic location in Lancaster.
      44219 W 20Th St, Lancaster, CA 93534
      View Details
    • $395,000
      1,993 SF

      Medical Suite Condo in Lancaster

      Medical suite condo near Antelope Valley Medical Center for sale.
      44725 W 10Th St, Lancaster, CA 93534
      View Details
    • $250,000
      2,526 SF

      Established Restaurant with Liquor License

      Fully equipped restaurant with banquet room and liquor license.
      1020 Avenue K E, Lancaster, CA 93535
      View Details
    • $625,000
      1,150 SF

      Lancaster Automotive Repair Shop Opportunity

      Automotive repair shop with freestanding building on a large lot.
      4870 Columbia Way, Lancaster, CA 93536
      View Details
    • New
      $499,000
      1,613 SF

      Lancaster Duplex: Investment Opportunity

      Duplex in Lancaster, CA. One unit delivered vacant.
      45414-16 Corkwood Ave, Lancaster, CA 93534
      View Details
    • $899,000
      5,174 SF

      Renovated Office Building For Sale

      Completely renovated office building in Lancaster, suitable for owner or investor.
      44300 Division St, Lancaster, CA 93535
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.5-acre potential home site near Fwy 14 and central Lancaster.
    Where is this residential land & home lot located?
    The property is located at 72nd West & Ave, Unit I-6 Lancaster, CA.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Large 2.5-acre potential home site.; - Conveniently located only 7 minutes from Fwy 14 and central Lancaster.; - Contiguous to an existing home, making the parcel easy to locate.
    (661) 943-8090
    Request Owner's contact information
    72nd West & Ave, Unit I-6 Lancaster, CA 93536
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    72nd West & Ave, Unit I-6
    Lancaster, CA 93536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72nd West & Ave, Unit I-6 Lancaster, CA 93536
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jim Patton
    Real Estate License ID: 00776290
    (661) 943-8090
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!